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Cash savers will lose £36billion in spending power if rate of inflation soars to 4 per cent

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Cash savers will lose £36billion in spending power if rate of inflation soars to 4 per cent

Cash savers face losing more than £36billion in spending power if inflation soars to 4 per cent as predicted.The Bank of England has warned that inflation – the rate at which prices are rising – could hit this level as early as next year.This is double…

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